If a product is expensive, and is a large percentage of one's income, then the product tends to be more elastic. If a product is not a significant portion of the income the product tends to be more inelastic. Take a house for example, if prices were to drop, demand would go up alot. The same holds true for a car.
Growing Pains was sitcom originally aired on ABC from September 1985 to April 1992. It went through seven very succesful seasons with a total of 166 episodes, each special in its own way. Growing Pains was about a family of five, the Seavers, who lived on Long Island, New York. Jason Seaver was the father, a psychiatrist, who had his practice at home. (From the 1st to the 5th season) Maggie, his wife, was a journalist who worked for the Long Island newspaper in the first three seasons of the sitcom.
Just to name a few â Tom Hanks drove a bus for John Marshall students in Bachelor Party, Luke Perry and Kristie Swanson attended school there in the Buffy the Vampire Slayer movie, it stood in for Dewey High on Growing Pains and John Adams High on Boy Meets World, Garth Brooks filmed a music video in the schoolâs auditorium, it was John Cusakâs alma mater in Grosse Pointe Blank, and the site of the therapy session between Dr. Evil and his son in Austin Powers 2.